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Crypto advocates say recent written and unwritten polices by financial regulators are making it unfeasible or impossible for crypto firms to operate in the US (Jen Wieczner/New York Magazine) 02-05-2023

Jen Wieczner / New York Magazine: Crypto advocates say recent written and unwritten polices by financial regulators are making it unfeasible or impossible for crypto firms to operate in the US  —  The industry sure thinks so — even as the White House denies it.  —  The crypto company was essentially reverse-engineered for Washington, D.C.’s stamp of approval. Lees verder op Tech Meme

Online study company Chegg suspends full-year outlook, saying ChatGPT's rising popularity is pressuring subscriber growth; CHGG drops ~50% and is down ~64% YTD (Medha Singh/Reuters) 02-05-2023

Medha Singh / Reuters: Online study company Chegg suspends full-year outlook, saying ChatGPT’s rising popularity is pressuring subscriber growth; CHGG drops ~50% and is down ~64% YTD  —  What’s the cost of students using ChatGPT for homework?  For U.S. education services provider Chegg Inc (CHGG.N), it could be nearly $1 billion in market valuation. Lees verder op Tech Meme